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The economic benefits of the Kyoto Protocol

Author

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  • Giulio A. De Leo

    (Università degli Studi di Parma, Parco Area delle Scienze)

  • Luca Rizzi

    (Centro Elettrotecnico Sperimentale Italiano, Business Unit Ambiente)

  • Andrea Caizzi

    (Centro Elettrotecnico Sperimentale Italiano, Business Unit Ambiente)

  • Marino Gatto

    (Centro di Ingegneria Biomedica, Consiglio Nazionale delle Ricerche, Politecnico di Milano)

Abstract

The third Conference of the Parties in Kyoto set the target of reducing greenhouse-gas emissions by an average of 5.3% with respect to 1990 values by 2008–2012. One of the main objections to the protocol's ratification is that compliance would pose an unbearable economic burden on the countries involved1. But we show here that this is not the case if costs apart from the direct costs of energy production are also considered. Costs are also incurred in rectifying damage to human health, material goods, agriculture and the environment related to greenhouse-gas emissions.

Suggested Citation

  • Giulio A. De Leo & Luca Rizzi & Andrea Caizzi & Marino Gatto, 2001. "The economic benefits of the Kyoto Protocol," Nature, Nature, vol. 413(6855), pages 478-479, October.
    • Handle: RePEc:nat:nature:v:413:y:2001:i:6855:d:10.1038_35097156
    DOI: 10.1038/35097156
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    Cited by:

    1. Donateo, T. & Licci, F. & D’Elia, A. & Colangelo, G. & Laforgia, D. & Ciancarelli, F., 2015. "Evaluation of emissions of CO2 and air pollutants from electric vehicles in Italian cities," Applied Energy, Elsevier, vol. 157(C), pages 675-687.
    2. Papa Stefano, 2008. "Il sistema internazionale delle emissioni, gli strumenti di flessibilità e le forme di incentivazione in Italia," wp.comunite 0046, Department of Communication, University of Teramo.
    3. Zhang, Xian & Wang, Jia-Xing & Cao, Zhe & Shen, Shuo & Meng, Shuo & Fan, Jing-Li, 2021. "What is driving the remarkable decline of wind and solar power curtailment in China? Evidence from China and four typical provinces," Renewable Energy, Elsevier, vol. 174(C), pages 31-42.

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